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1580 Montauk Drive, Wellington, FL 33414 (MLS# R10040055)

1580 Montauk Drive, Wellington, FL 33414

$405,000

Property Type: Residential Income Square Footage: 4,952 Status: Closed

Current Price: $405,000 List Date: 5/09/2014 Last Modified: 5/24/2026

Overview

Description

All units occupied and on year leases. Do not disturb tenants please. New roof Oct '12, new a/c unit on one unit, new electrical and plumbing throughout. 2 downstairs units have back yards. All on separate meters for electric and water.

Listing Details MLS# R10040055

General Property Information

Number Of Units Total: 4
Property Sub Type: Quadruplex
Building Area Main: 4952
Building Area Source: Public Records
Living Area Main: 4436
Year Built: 1979
Lot Size Area: 14810
Lot Size Acres: 0.34
Lot Size Dimensions: .34
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories: 2
Pool Private YN: No
LP/Assessed Value: 1.6

Property Features

Association Amenities: None Documents Available: Copy Of Lease(s) Electric: Three Phase Flooring: Carpet; Ceramic Tile; Laminate Property Condition: Resale Tenant Pays: Cable TV; Electricity; Water Source Of Expenses: Other Construction Materials: Frame Cooling: Central Air Heating: Central; Electric Listing Terms: Cash; Conventional Possession: Close Of Escrow Restrictions: No Restrictions Roof: Mansard; Tar/Gravel Sewer: Public Sewer Special Information: Sold As-Is Tax Information: City/County Utilities: Cable Available; Sewer Available; Water Available Water Access: None Water Source: Public Showing Requirements: Call Listing Agent; Listing Agent Must Accompany; Occupied Outdoor Living Spaces: Patio Patio Details: Patio - Screened Unit 1 Appliances: Dishwasher; Disposal; Dryer; Range; Refrigerator; Washer Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Open Parking; Parking Space Unit 1 Rooms: Kitchen Unit 2 Appliances: Dishwasher; Disposal; Dryer; Range; Refrigerator; Washer Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Open Parking; Parking Space Unit 3 Appliances: Dishwasher; Disposal; Dryer; Range; Refrigerator; Washer Unit 3 Other Equipment: Air Conditioning Unit Unit 3 Parking Features: Open Parking; Parking Space Unit 4 Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer Unit 4 Other Equipment: Air Conditioning Unit Unit 4 Parking Features: Open Parking; Parking Space Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 449000

Location and Legal

County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 1580
Street Name: Montauk
Street Suffix: Drive
City Name: Wellington
State Or Province: FL
Postal Code: 33414
Postal Zip: 33414
Subdivision Name: South Shore 1 Of Wellington
Area: 5520
Geographic Area: PB24
Special Assessment YN: No
Parcel Number: 73414410010130020
Zoning: RM
Directions: Forest Hill left on Montauk Dr.

Financial Information

Tax Annual Amount: 7103.77
Tax Year: 2013
Tax Assessed/SOH Value: 274858
Tax Legal Description: SOUTH SHORE NO 1 OF WELLINGTONLT 2 BLK 13

Status Change Information

Major Change Timestamp: 2014-08-18T17:56:49Z
Major Change Type: Status Change
Price Change Timestamp: 2014-06-17T02:00:42Z
Status Change Date: 2014-08-18
Under Contract Date: 2014-07-19
Close Date: 2014-07-31
Close Price: 405000
Buyer Financing: Cash

More Information

Meter Information

Separate Electric Meters YN: Yes
Separate Water Meters YN: Yes

Short Sale Details

Short Sale Addendum: No

Income and Expenses

Gross Income: 49080
Annual Total Expense: 0

Unit 1 Details

Actual Rent: 1050
Baths Full: 2
Furnished: Unfurnished
SqFt: 1100

Unit 1 Lease Description

Lease Expiration: 2014-02-28

Unit 2 Details

Actual Rent: 1000
Baths Full: 2
Furnished: Unfurnished
SqFt: 1100

Unit 2 Lease Description

Lease Expiration: 2013-10-31

Unit 3 Details

Actual Rent: 1020
Baths Full: 2
SqFt: 1100

Unit 3 Lease Description

Lease Expiration: 2014-07-31

Unit 4 Details

Actual Rent: 1020
Baths Full: 2
SqFt: 1100

Unit 4 Lease Description

Lease Expiration: 2014-07-31

Price Calculations

Current Price To SqFt: 91.29
Original List Price To Close Price: 1.1

Originating Details

Originating System Key: 20140509213937601519000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Association Amenities

None: Yes

Electric

Three Phase: Yes

Flooring

Carpet: Yes
Ceramic Tile: Yes
Laminate: Yes

Property Condition

Resale: Yes

Special Information

Sold As-Is: Yes

Documents Available

Copy Of Lease(s): Yes

Tenant Pays

Cable TV: Yes
Electricity: Yes
Water: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes
Sewer Available: Yes
Water Available: Yes

Heating

Central: Yes
Electric: Yes

Water Access

None: Yes

Construction Materials

Frame: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Roof

Mansard: Yes
Tar/Gravel: Yes

Water Source

Public: Yes

Source Of Expenses

Other: Yes

Cooling

Central Air: Yes
Electric: Yes

Showing Requirements

Call Listing Agent: Yes
Listing Agent Must Accompany: Yes
Occupied: Yes

Restrictions

No Restrictions: Yes

Tax Information

City/County: Yes

Outdoor Living Spaces

Patio: Yes

Patio Details

Patio - Screened: Yes

Unit 1 Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 1 Other Equipment

Air Conditioning Unit: Yes

Unit 1 Parking Features

Open Parking: Yes
Parking Space: Yes

Unit 1 Rooms

Kitchen: Yes

Unit 2 Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 2 Other Equipment

Air Conditioning Unit: Yes

Unit 2 Parking Features

Open Parking: Yes
Parking Space: Yes

Unit 3 Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 3 Other Equipment

Air Conditioning Unit: Yes

Unit 3 Parking Features

Open Parking: Yes
Parking Space: Yes

Unit 4 Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 4 Other Equipment

Air Conditioning Unit: Yes

Unit 4 Parking Features

Open Parking: Yes
Parking Space: Yes

Acreage Description

1/4 To Less Than 1/2 Acre Lot: Yes

Listing Office: RE/MAX Direct

Last Updated: May - 24 - 2026

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1580 Montauk Drive, Wellington, FL 33414 (MLS# R10040055)